The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Publishing Activities 58.13 - Publishing of newspapers
100 jobs Number of planned job losses
Announcement Date
10 November 2008
Employment effect (start)
10 November 2008
Foreseen end date
31 January 2009
Description
After the acquisition of the regional newspaper Oberösterreichische Rundschau by the Moser Holding, around 100 of currently 250 employees of the weekly paper stand to lose their job by January 2009. The Tyrolia-based Moser Holding, Austria’s fourth largest media enterprise in terms of turnover, with a workforce of some 1,300 employees, plans to convert the traditional Oberösterreichische Rundschau into a free weekly newspaper. This was released by the Austrian Broadcasting Company (ORF) on 10 November 2008, and confirmed by the newspaper Der Standard on 16 December 2008. A social plan for the workers affected by the planned dismissals - most of them employed at the headquarters in Linz - has already been worked out.
Sources
16 December 2008: Der Standard
Citation
Eurofound (2008), Oberösterreichische Rundschau, Merger/Acquisition in Austria, factsheet number 67666, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67666.
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